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Acetic Acid Market | 2020 Size, Growth, Share, And Industry Trends Forecast To 2028
The global acetic acid industry is expected to reach USD 13.79billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. The rising consumption of solvents such as VAM in the chemical industry for paints & coatings, adhesives & sealants will bolster the healthy growth of the market, The market size stood at USD 8.34 billion in 2019.
Covid-19 Impact:
The coronavirus incident has brought the world to an unanticipated halt. We understand that this health disaster has negatively impacted various sectors across the globe. Rising support from governments and several companies can help in the fight against this highly infectious virus. There are some industries that are struggling and some are thriving. More or less, nearly every sector is estimated to be impacted by this pandemic.
Market Driver:
Advancements in Polymer Development to Bolster Growth
https://www.fortunebusinessins....ights.com/acetic-aci
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Retail Execution Software Market Boosted By Rising Demand For Digitization In Organizations
For More Industry Insight Read:
https://www.fairfieldmarketres....earch.com/report/ret #retailexcutionsoftware
Aseptic Packaging Market 2021 Global Trends, Key Company Profiles, Share, Growth, Analysis, Opportunities and Forecast
The aseptic packaging industry size was valued at USD 53.77 billion in 2020. The market is projected to rise from USD 59.06 billion in 2021 to USD 121.96 billion by 2028 at a 10.9% CAGR during the forecast period 2021-2028. Fortune Business Insights™ has deep-dived into these insights in its latest research report, titled, “Aseptic Packaging Market, 2021-2028.”
COVID-19 Impact
Shutdown of Manufacturing Facilities to Dent Industry Outlook
The COVID-19 pandemic had a massive toll on the expansion of aseptic packaging materials across developing and developed countries. The penetration of packaging technologies witnessed a dip, partly due to moderate demand from the food & beverage sector. That said, strong demand for sterilized packaged food products encouraged investments in the landscape. Industry players expect the healthcare industry to exhibit profound demand for packaging technology.
https://www.fortunebusinessins....ights.com/aseptic-pa
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